# Columbus McKinnon to acquire Garvey Corporation for $74 million

Columbus McKinnon Corporation executed a definitive agreement to acquire Garvey Corporation for $74 million. Garvey is a leading accumulation systems solutions company with approximately $30 million in revenue.

- Type: Acquisition
- Announced: 2021-11-04
- Where: Hammonton, New Jersey, United States
- Value: $74.0M
- Status: announced
- Products: accumulation systems, precision conveying solutions
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Columbus McKinnon](https://endata.com/companies/509.md) (acquirer)
- [The Garvey Group](https://endata.com/companies/993.md) (target)

## Sources

- [cmco.com](https://www.cmco.com/en-us/resources/cmco-articles/CMCO-acquires-garvey-corporation/), 2021-11-04: "Columbus McKinnon Corporation ... announced that the Company has executed a definitive agreement to acquire Garvey Corporation for $74 million."
- [businesswire.com](https://www.businesswire.com/news/home/20211104005508/en/Columbus-McKinnon-Expands-Conveying-Solutions-Platform-With-Acquisition-of-Garvey-Corporation), 2021-11-04: "The acquisition of Garvey is an excellent demonstration of our 2.0 framework for growth at work as we continue to transform Columbus McKinnon into a high value, intelligent motion enterprise."
- [cmco.com](https://www.cmco.com/en-us/resources/cmco-articles/columbus-mckinnon-closes-acquisition-of-garvey-corporation/), 2021-12-01: "Columbus McKinnon Corporation today announced that the Company has completed its acquisition of Garvey Corporation."
- [dornerconveyors.com](https://www.dornerconveyors.com/blog/garvey-corporation), 2021-12-01: "The acquisition of Garvey is an excellent complement to the precision conveying solutions for which Dorner is well known."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.